October 18, 2016 / 4:20 PM / 9 months ago

BRIEF-SM Energy says no current plans to sell equity

1 Min Read

Oct 18 (Reuters) - SM Energy Co :

* Expects to run 11 rigs in 2018 in Permian's Midland basin - conf call

* Says no current plans to sell equity - conf call

* Says expect to align capex and cash flow in 2019 - conf call

* Says expects to outspend cash flow by $175 million in 2017 - conf call

* Says projected outspend expected to be funded through "further portfolio management" including sale of some Eagle Ford assets - conf call

* Says have begun the process to sell interest in the non-operative Eagle Ford asset - conf call Further company coverage:

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